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    Austin, MN
    Multifamily

    Austin, MN Multifamily Properties for Sale

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    Brownsdale, MN Oakland, MN Rose Creek, MN Hollandale, MN Glenville, MN Hayward, MN Blooming Prairie, MN Adams, MN
    Fully Leased Triplex with Detached Garages
    Updated: Mar 23
    Fully Leased Triplex with Detached Garages

    1110 W Oakland Avenue, Austin, MN 55912

    $295,000
    2,208 sqft 0.14 AC lot
    Fully leased triplex at 1110 W Oakland Avenue on high‑visibility Oakland Ave in Austin
    3‑unit mix: one fully renovated 1 bed/1 bath and two 2 bed/1 bath units
    Newer roof under 2 years old
    Block exterior with forced‑air heating and basement space
    Driveway and detached garage parking
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    Leased Triplex with Rental Potential
    Updated: Mar 29
    Leased Triplex with Rental Potential

    1110 W Oakland Ave, Austin, MN 55912

    Contact for pricing
    3,072 sqft
    Fully leased triplex on Oakland Ave with strong current rents totaling $3,750/month
    3‑unit layout: one renovated 1 bed/1 bath (previously an office) plus two 2 bed/1 bath units
    Roof replacement is newer than 2 years old
    Laundry and garage rental options mentioned, including potential for $200+ monthly garage rental
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    Tenant-Occupied Multifamily Portfolio
    Tenant-Occupied Multifamily Portfolio

    403 2nd St Nw, Austin, MN 55912

    $796,000

    Four tenant-occupied residential properties totaling 10 units with month-to-month leases and a diversified unit mix.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex and Triplex Portfolio
    Duplex and Triplex Portfolio

    204 1st Ave SW, Austin, MN 55912

    Contact for pricing

    Multifamily portfolio for sale featuring six duplexes and one triplex in Austin, Minnesota.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Austin, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Attached Garage
    Duplex with Attached Garage

    16 NW 3rd Street, Adams, MN 55909

    $205,000
    2,926 sqft 0.25 AC lot

    1963 duplex with forced-air heat, aluminum siding, and an attached garage for convenient on-site parking.

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    Duplex with Tenant Occupancy
    Duplex with Tenant Occupancy

    922 Jefferson Avenue, Albert Lea, MN 56007

    $164,999
    1,637 sqft 0.14 AC lot

    Duplex on a 0.14-acre lot with two-bedroom, one-bath units and forced-air heating.

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    Two-Unit Duplex Property
    Two-Unit Duplex Property

    16 Nw 3rd St, Adams, MN 55909

    $205,000
    2,926 sqft

    Two residential units provide options for owner occupancy or rental use.

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    All-Age Mobile Home Community
    All-Age Mobile Home Community

    705 E 18th Street, Albert Lea, MN 56007

    Contact for pricing

    111-site all-age community with 68% occupancy and city water and sewer billed back to tenants.

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    Off-Market Properties in Austin, MN

    Consider similar Off-Market properties in Austin, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    605 Main St
    Residential income properties

    605 Main St, Austin, MN 55912

    Value Estimation by Request
    5,360 sqft 0.12 AC lot
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    Austin, MN Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Austin, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,280 square feet of properties for sale, with an estimated market value of $1,091,000.

    Sale prices for multifamily properties in Austin, MN start at $295,000, averaging $545,500, and reaching up to $796,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 3
    Duplexes 2

    Demographics Overview

    Population 29K
    Population Growth (5Y) +2.2%
    Median Household Income $68,205
    College Educated 32.8%

    High-Yield Neighborhoods for Investment

    Identify Austin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55912 $437K

    Taxes & Financing

    Tax Rate (average for all types) 2.17%
    Property Tax per SF $28.68 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mower County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Austin fall within the 50,000 to 100,000 square foot range.

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